Shep Company's records show the following information for the current year. Beginning of End of year...

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Shep Company's records show the following information for the current year. Beginning of End of year year $ 54,800 $ 24,400 Total assets Total liabilities $ 86,000 $ 37,400 Determine net income (loss) for each of the following separate situations. Note: For all requirements, losses should be entered with a minus sign. a. Additional common stock of $5,400 was issued and dividends of $9,400 were paid during the current year. b. Additional common stock of $15,600 was issued and no dividends were paid during the current year. c. No additional common stock was issued and dividends of $14,400 were paid during the current year. a. Net income (loss) b. Net income (loss). c. Net income (loss) Shep Company's records show the following information for the current year. Beginning of End of year year $ 54,800 $ 24,400 Total assets Total liabilities $ 86,000 $ 37,400 Determine net income (loss) for each of the following separate situations. Note: For all requirements, losses should be entered with a minus sign. a. Additional common stock of $5,400 was issued and dividends of $9,400 were paid during the current year. b. Additional common stock of $15,600 was issued and no dividends were paid during the current year. c. No additional common stock was issued and dividends of $14,400 were paid during the current year. a. Net income (loss) b. Net income (loss). c. Net income (loss)